Hayman Advisors founder Kyle Bass (who will keynote the upcoming AR Symposium) wrote to the firm’s investors on May 11 with his thoughts about the European bailout of Greece. The full text of that letter, entitled The Pattern is Set - Betting the Bank on a Keynesian Free Lunch, is reproduced here with permission.
Dear Investors: With the avalanche of announcements over the weekend out of Europe and the IMF (and even the US Federal Reserve), I think it is important to communicate our views.
